P&I (CLASS 3) / PART IV / RULE 24

EXCLUSION OF RISKS COVERED BY HULL POLICIES

Unless otherwise agreed in writing, the Association shall not, except only as provided by Rule 19.9.1 Collision clause and 19.9.2 Excess collision, Rule 19.10.3 Excess liabilities and Rule 19.18.1 Ship’s proportion of general average, insure a Member to any extent whatsoever against any of the risks, liabilities, costs or expenses against which the Member would be insured if the Entered Ship were fully insured under Hull Policies on terms not less wide than those of the Lloyd’s Marine Policy MAR Form 1/1/82 with the Institute Time Clauses – Hulls 1/10/83 attached and with no deductible or franchise applicable to claims under those policies.